[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.03.12 08:43
• [Jinan Linqing Expressway 7.5 billion project bidding]
• The bidding for investors of the Jinan section of the Jinan Linqing Expressway project has been launched. The estimated investment for the project is 7.5 billion yuan, with a total length of 19.5 kilometers, adopting a two-way six lane standard, and a planned construction period of 1260 days. As the core radiation of Jinan metropolitan area, a new westward cross Yellow River channel will be added after completion to promote the integration of the two banks of the Yellow River. The bidding deadline is May 15th.Editor/Gao Xue

• 2026.03.12 08:40
• [China Road and Bridge Corporation undertakes irrigation project in Kyrgyzstan]
• China Road and Bridge Corporation has won the bid for the irrigation system renovation project in Jalal Abad, Kyrgyzstan, with a contract amount of 853 million som. The project will modernize and rebuild a 15.78-kilometer canal, expected to be completed by the end of 2028. After completion, it will ensure irrigation water for 8225 hectares of local land.Editor/Gao Xue